Corning Incorporated Expands Manufacturing in New York’s Southern Tier
The $95.5 million project will create 185 jobs in the region by 2020. The new jobs will be located at the Corning Innovation Support Center in Big Flats and at Corning's Research and Development Facility at Sullivan Park in Erwin, New York.
"Corning has been a beacon of enterprise and innovation for decades, and this new expansion builds on our efforts to spur development and job growth for the Southern Tier," Governor Andrew Cuomo said. "By working with local leaders and the Regional Economic Development Council, our strategic Southern Tier Soaring plan is putting the region on the right track and giving Corning the tools and confidence to grow and expand their world-class products in the region."
Valor Glass is designed to address a number of problems in the glass injectable pharmaceutical market, including: damage, breakage, and particulate generation on high-speed pharmaceutical filling lines and in the supply chain, and incompatibility of drugs with borosilicate glass containers which can lead to glass delamination.
Corning CEO Wendell Weeks said, "Valor Glass was invented right here in the Southern Tier so it is only fitting our first significant manufacturing operation be located here. Thanks to the Southern Tier strategic plan and Governor Cuomo's ongoing investment in this region through initiatives like the Upstate Revitalization Funding program, I believe the future of our community is brighter than ever."
To encourage Corning to grow its' pharmaceutical operations in the region, Empire State Development has offered up to $6 million through the Southern Tier Soaring Upstate Revitalization Initiative. The company will use the grant to purchase manufacturing equipment and to make infrastructure improvements. Corning will also receive up to $1.75 million through the Excelsior Tax Credit Program in exchange for job creation commitments. The total project cost is $95.5 million.
Developing and manufacturing Valor Glass in the Chemung Valley is part of Corning's plan announced in July to invest $500 million and create 1,000 new jobs in the United States. To further support the production and delivery of Valor Glass, Corning will also add jobs in the future at an existing facility in Vineland, New Jersey, and at a location in the Southeast portion of the country. Over time, Corning plans to invest $4 billion and create 4,000 new high-tech jobs.
"Corning has been a beacon of enterprise and innovation for decades, and this new expansion builds on our efforts to spur development and job growth for the Southern Tier,” said Governor Andrew M. Cuomo.
Empire State Development President, CEO & Commissioner Howard Zemsky said, "Corning's $95.5 million investment in its pharmaceuticals division will create high-quality jobs for the Southern Tier and is further proof that the region is soaring."
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